FTX Sues Bankman-Fried, Associates Over $1 Billion in Bad Deals
Bankrupt FTX Trading Ltd. will try to claw back millions of dollars in cash and unwind more than
2023-07-21 07:47
Grindr Staff Launch Union Drive, Fueled by Tech Layoffs and Anti-LGBTQ Threats
Employees at the LGBTQ dating company Grindr Inc. are petitioning to unionize, extending a wave of organizing among
2023-07-21 06:54
Blackstone Taps Strong Japanese Demand With Private Credit Fund
Blackstone Inc. sees opportunities to build out private credit offerings for high net worth investors in Japan after
2023-07-21 06:25
China’s $100 Billion Tutoring Ban Backfires, Spawning Black Market
President Xi Jinping’s attack on China’s after-school tutoring industry was meant to ease the burden on households. But
2023-07-21 06:23
FTC to Pause Microsoft Merger Trial, Opening Door to Settlement Talks
The US Federal Trade Commission paused its in-house trial against Microsoft Corp.’s $69 billion acquisition of Activision Blizzard
2023-07-21 05:46
Startup Cerebras Takes on Nvidia With AI Supercomputers
Startup chipmaker Cerebras Systems Inc. announced that it’s built the first of nine artificial intelligence supercomputers in a
2023-07-21 04:57
Elon Musk’s Wealth Slumps $20 Billion as Tesla Shares Tumble
Elon Musk’s fortune slumped $20.3 billion Thursday after Tesla Inc. warned it may have to keep cutting the
2023-07-21 04:53
Nasdaq 100 Reshuffle Adds Twist to $2.4 Trillion Options Event
An out-of-cycle rebalance in the Nasdaq 100 is adding another layer of wrinkles to stock trading with a
2023-07-21 03:46
Billionaire Jeff Yass Gives $10 Million to Group Seeking Trump Alternative
Billionaire Jeff Yass donated $10 million to the super PAC arm of Club for Growth, a pro-business, anti-tax
2023-07-21 03:18
Carvana’s CEO Sees Weaker Used-Car Prices Stimulating Demand
A surge in used-car prices padded Carvana Co.’s bottom line early in the pandemic. As the market for
2023-07-21 03:17
Rutgers, Stony Brook Among Colleges Warning of Data Exposure From MOVEit Hack
The ongoing cyberattack exploiting MOVEit file-transfer software has taken a toll on US colleges and universities. At least
2023-07-21 01:58
Sunak Eyes November 2024 as Preferred General Election Timing
Prime Minister Rishi Sunak is eyeing holding the UK’s next general election in November 2024 in order to
2023-07-21 01:48